JOHN Company assigns overhead cost to jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 106 includes $16,100 in direct materials cost and $13,000 in direct labor cost. A total of 1,450 units were produced in Job 106. Required: a. What is the total manufacturing cost assigned to Job 106? b. What is the unit product cost for Job 106?

JOHN Company assigns overhead cost to jobs on the basis of 113% of direct labor cost. The job cost sheet for Job 106 includes $16,100 in direct materials cost and $13,000 in direct labor cost. A total of 1,450 units were produced in Job 106. Required: a. What is the total manufacturing cost assigned to Job 106? b. What is the unit product cost for Job 106?

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 10E: Compute the total job cost for each of the following scenarios: a. If the direct labor cost method...

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